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LAWRIE WILLIAMS: Latest polls suggest a Brexit. Should Europeans buy gold?

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LAWRIE WILLIAMS: Latest polls suggest a Brexit. Should Europeans buy gold?

June 1, 2016

Sharps-Pixley

But the latest polls for The Guardian newspaper by polling company ICM, which conducted simultaneous online and telephone polls, have really put the cat among the pigeons with both suggesting a 52%-48% Brexit lead ....

So what does all this mean for gold? The geo-economic uncertainty engendered by a Brexit vote would probably lead to a higher price. However an immediate knee-jerk reaction would likely see a dive in the value of the pound sterling against the US dollar and a likely decline in the value of the euro too given the boost a Brexit would give to anti-EU sentiment in many other member states.
Date: Sep 18, 2016   


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